Quantbot Technologies LP Invests $1.06 Million in Pitney Bowes Inc. $PBI

Quantbot Technologies LP acquired a new stake in shares of Pitney Bowes Inc. (NYSE:PBI) in the third quarter, Holdings Channel.com reports. The firm acquired 92,810 shares of the technology company’s stock, valued at approximately $1,059,000.

Several other hedge funds have also made changes to their positions in PBI. Trail Ridge Investment Advisors LLC grew its position in Pitney Bowes by 5.1% during the third quarter. Trail Ridge Investment Advisors LLC now owns 20,890 shares of the technology company’s stock worth $238,000 after buying an additional 1,008 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Pitney Bowes by 41.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,472 shares of the technology company’s stock valued at $38,000 after acquiring an additional 1,015 shares in the last quarter. Baird Financial Group Inc. lifted its position in shares of Pitney Bowes by 12.5% in the 2nd quarter. Baird Financial Group Inc. now owns 13,164 shares of the technology company’s stock worth $144,000 after acquiring an additional 1,459 shares during the period. Amalgamated Bank lifted its position in shares of Pitney Bowes by 3.4% in the 3rd quarter. Amalgamated Bank now owns 46,680 shares of the technology company’s stock worth $533,000 after acquiring an additional 1,555 shares during the period. Finally, Stratos Wealth Partners LTD. grew its holdings in shares of Pitney Bowes by 17.6% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 11,993 shares of the technology company’s stock worth $137,000 after purchasing an additional 1,799 shares in the last quarter. Institutional investors own 67.88% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on PBI shares. Bank of America initiated coverage on Pitney Bowes in a research report on Tuesday, February 17th. They set an “underperform” rating and a $9.00 price objective on the stock. Truist Financial assumed coverage on Pitney Bowes in a research report on Friday, December 12th. They issued a “hold” rating and a $11.00 target price for the company. Zacks Research downgraded shares of Pitney Bowes from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 19th. Citizens Jmp reissued a “market outperform” rating and issued a $13.00 price target on shares of Pitney Bowes in a report on Wednesday, February 18th. Finally, Citigroup began coverage on shares of Pitney Bowes in a research note on Wednesday, December 3rd. They issued an “outperform” rating for the company. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Pitney Bowes currently has an average rating of “Hold” and an average target price of $11.00.

Pitney Bowes Price Performance

Shares of PBI stock opened at $10.58 on Friday. The stock’s fifty day simple moving average is $10.49 and its 200 day simple moving average is $10.71. Pitney Bowes Inc. has a one year low of $7.39 and a one year high of $13.11. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 12.75, a P/E/G ratio of 0.75 and a beta of 1.42.

Pitney Bowes (NYSE:PBI) last released its quarterly earnings data on Tuesday, February 17th. The technology company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.07. Pitney Bowes had a negative return on equity of 36.91% and a net margin of 7.65%.The firm had revenue of $477.63 million during the quarter, compared to analyst estimates of $482.47 million. During the same period in the prior year, the company posted $0.32 earnings per share. The business’s revenue for the quarter was down 7.5% compared to the same quarter last year. Pitney Bowes has set its FY 2026 guidance at 1.400-1.600 EPS. On average, research analysts anticipate that Pitney Bowes Inc. will post 1.21 earnings per share for the current year.

Pitney Bowes Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, February 27th will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Friday, February 27th. Pitney Bowes’s dividend payout ratio (DPR) is currently 43.37%.

Insider Transactions at Pitney Bowes

In other Pitney Bowes news, CEO Kurt James Wolf sold 150,000 shares of the business’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $10.30, for a total value of $1,545,000.00. Following the transaction, the chief executive officer directly owned 571,137 shares in the company, valued at $5,882,711.10. The trade was a 20.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 9.00% of the stock is owned by corporate insiders.

Pitney Bowes Company Profile

Pitney Bowes Inc (NYSE: PBI) is an American technology company that specializes in shipping, mailing, and e-commerce solutions. Founded in 1920 by Walter Bowes and Arthur Pitney, the company pioneered postage meter technology and has since evolved to offer a broad portfolio of hardware, software, and services designed to streamline physical and digital communications. Headquartered in Stamford, Connecticut, Pitney Bowes leverages a century of expertise to serve enterprises, small businesses, and government agencies around the globe.

The company’s core offerings span mailing and shipping equipment, including postage meters, folder inserters, and address verification systems, alongside integrated software platforms for customer information management, data analytics, and location intelligence.